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Dallas Fed President Lorie Logan called for at least two additional 25bps interest rate hikes, warning that policymakers may need to accelerate tightening this winter to prevent persistent inflation from becoming entrenched. Speaking at an energy conference on Tuesday, Logan said, “It remains clear to me, given the current outlook, that the FOMC needs to […]
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Our Elliott Wave analysis of Bitcoin (BTCUSD) identified a potential bearish setup in advance, outlining an expected corrective recovery in a Flat Structure followed by another move lower. The subsequent price action delivered a significant decline, with Bitcoin falling from the $81,000 region toward $74,000. This analysis looks at our original forecast, the Elliott W...
The post Eco Data 11/11/26 appeared first on ActionForex.
Democrats seize control of Congress as Iran war crushes Republicans. A legislative gridlock or a Democratic agenda? Dollar risks losing its shine, but gold could restore its crown. But AI and cryptos might be biggest losers. A big thumbs down The 2026 midterm elections in the United States delivered a decisive outcome for Washington’s political […]
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Markets Fed governor Waller sharpened the knives in the run-up to today’s October US CPI figures during a speech at the BoE Watchers’ Conference on the economic outlook and labor market dynamism. He set up a two-pronged approach. If the monthly (core) CPI rate improved from recent 0.3% readings, he would lean to a 25 […]
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